Economy
Omantel’s share of the market stands at 56 per cent
Omantel’s share of the market now stands at 56 per cent and the company’s 4G network now covers 92 per cent of the inhabited areas in the different wilayats, Talal bin Said Al Ma’amari, CEO of Omantel, said. He added that the 4G technologies will meet the needs of individuals for the next three years, at least.
“Omantel’s investments in 4G over the past three years stood at OMR120 million or 24 per cent of the total revenues of the company during the same period,” he added in a statement to Oman News Agency (ONA).
He pointed out that the Memorandum of Understanding signed with Oman Towers Company, a specialised company in the operation, maintenance and management of communication towers in the Sultanate, covers the technical issues of infrastructure for communication towers that will be provided by Oman Towers Company for current or future mobile operators.
In response to a question about 5G, the Omantel CEO said that the technology is one of the development stages for radio technologies, which provide mobile communication services. It is known for providing new technologies that can contribute to smart cities projects, autonomous cars and other projects related to technologies, which require high speed networks.
-
Economy1 month agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
OER Magazines2 months agoDossier Oman: Banking, Finance & Insurance Special Edition
-
Magazines1 month agoOER Magazine April 2026 Issue
-
Oman1 month agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Lifestyle1 month agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
Economy1 month agoElectricity Tariffs Reduced for Residential Use – What It Means for You
-
News1 month agoANALYSIS: Oil Slips As Peace Hopes Reprice Middle East Risk, But Supply Tightness Keeps Market On Edge
-
News2 months agoOPINION – New CEO, New Era: What’s Next for Apple?

You must be logged in to post a comment Login